The True Cost of Living Abroad vs. Staying in India: A Comprehensive Comparison
Explore the financial and cultural advantages of staying in India compared to living abroad, with a focus on property prices, cost of living, and work-life balance.
Cost Of LivingProperty PricesWorklife BalanceCultural AdvantagesEconomic GrowthReal Estate PuneJul 11, 2025
July 11, 2025: The recent fake news about (relatively) cheap permanent residency in the UAE has rekindled the old debate about Indians leaving their homeland to settle abroad. This phenomenon, while persistent, is largely a hangover from earlier decades. What does it mean to be an Indian in India today, and what does it really mean to settle down abroad? Let’s delve into this.
Yes, India’s economy is one of the fastest-growing in the world. This year alone, the Indian job market is expected to grow by 9%. The manufacturing and automobile sectors are set to increase hiring by 25% and 20% in 2025, respectively, while the IT sector, often referred to as the ‘crown jewel’ of India’s industries, forecasts a 15–20% growth in employment for 2025.
So, when it comes to opportunity, India has everything that other countries have, if not more. But let’s examine the practical aspects of an Indian living abroad.
Cost of Living – Getting the Most for Your Money
The cost of living in India is significantly lower than in other countries, which is a strong reason to remain here. The cost of living in India is well over 200% lower than in the US (excluding rent). When it comes to housing, the differences are even more pronounced. On average, renting a home in India is 700% cheaper than in the US. For instance, property prices in New York City are over 13 times higher than in Pune. The average upper-mid-range home price in Pune is approximately Rs. 8,000 per sq. ft, which converts to about USD 1,037 per sq. meter. In New York City, the median price per square meter is about USD 15,174.
This comparison highlights the vast disparity between major US and Indian cities in terms of real estate costs. The discrepancies are significant across other expense categories as well. In the US, restaurants cost 320% more than in India, while basic supplies cost 220% more. A simple lunch at a cheap restaurant costs Rs. 250 in India, whereas in the US, it costs Rs. 1,712 when converted from USD – a difference of 623%. Even the cost of public transportation is lower in India. A monthly pass for public transit is Rs. 850 in India and Rs. 5,563 in the US.
For professionals in India who earn good salaries, this cost advantage allows them to live a life that would require much more money to achieve abroad. In India, a middle-class professional can afford to hire household help, live in a comfortable home, and enjoy regular outings for a fraction of the cost they would incur in other countries.
The Cultural Advantage
Living and working in India provides access to family support networks that are unparalleled and significantly enhance the quality of life. This is a harsh reality that many Indians who emigrate abroad realize too late. In India, the value of working together and the importance of family are deeply ingrained. Co-workers often become like family, and the focus on making decisions based on family and teamwork makes the Indian workplace a very supportive environment.
While there are always exceptions, Indian culture emphasizes treating colleagues and clients with respect. The Indian company model focuses on building lasting professional relationships, which help individuals advance in their careers. With 22 official languages, the Indian workplace is a vibrant and diverse environment that values differences and encourages open-minded thinking.
In contrast, the US, for example, saw a significant reversal in its progress towards diversity and inclusion due to recent political shifts. Meanwhile, India continues to make strides in gender equality, with more women taking on leadership roles, and companies implementing policies to ensure equal opportunities for all.
Work-Life Balance
While India may lag behind some other countries in terms of work-life balance, it is not as far behind as places like Japan and South Korea. India has a reputation for long working hours, but the work culture is rapidly evolving to promote a better balance between work and personal life. The Covid-19 pandemic introduced the hybrid work model, which has become a permanent fixture for many.
Today, 60% of modern Indian enterprises have adopted hybrid models, allowing for flexible work arrangements. This shift reflects a growing awareness of the importance of personal time and employee well-being. Indian businesses are investing more in programs for employee health, mental well-being, and flexible scheduling to create sustainable work environments. This change makes India an increasingly attractive place for professionals who seek career advancement and personal fulfillment.
India – The Strategic Choice for Indians
More than ever before, being an Indian citizen in India makes more sense than being an immigrant abroad. India is on its way to becoming a major player in the global economy, and it is taken very seriously by advanced economies at every level. Meanwhile, these countries are becoming increasingly unwelcoming to foreigners.
We are in a unique position to capitalize on our country’s growth while enjoying the unique benefits of working in one of the most exciting and opportunity-rich places in the world – our home. It has never been a better time to be an Indian in India.
Akash Pharande is the Managing Director of Pharande Spaces, a leading real estate construction and development firm known for its township projects in Greater Pune and beyond. Pharande Promoters & Builders, the flagship company of Pharande Spaces and an ISO 9001-2000 certified company, is a pioneer of townships in the region. With the recent inclusion of Puneville Commercial into one of its most iconic townships, Pharande Spaces has taken a major step towards addressing Pune’s current and future requirements for fully integrated residential-commercial convenience.
Frequently Asked Questions
What is the average cost of renting a home in India compared to the US?
On average, renting a home in India is 700% cheaper than in the US. For instance, property prices in New York City are over 13 times higher than in Pune.
How does the cost of living in India compare to that in the US?
The cost of living in India is well over 200% lower than in the US, excluding rent. Restaurants cost 320% more in the US, and basic supplies cost 220% more.
What are the cultural advantages of living in India?
Living in India provides access to strong family support networks and a workplace culture that values teamwork and respect. The Indian company model focuses on building lasting professional relationships and promoting diversity and inclusion.
How is India addressing the work-life balance issue?
India is rapidly evolving to promote a better work-life balance. The hybrid work model, introduced during the pandemic, has become a permanent fixture for many companies, and 60% of modern Indian enterprises have adopted it.
Why is it a strategic choice for Indians to stay in India?
India is on its way to becoming a major player in the global economy, and it is taken seriously by advanced economies. Meanwhile, these countries are becoming increasingly unwelcoming to foreigners. Indians can capitalize on the country’s growth while enjoying unique cultural and economic benefits.
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